Investing
During a discussion at the Frontiers Health Global Hybrid Conference, panelists said a more competitive funding environment could push startups and investors to focus on quality.
Genomic testing company Variantyx raised $20 million in debt financing, and mental health provider Mindful Care scooped up $7 million.
The company will use the funds to expand its platform and accelerate global commercialization.
The company will expand its network and platform and increase R&D investments.
The virtual care startup for LGBTQ+ patients will also use the investment to expand its recently launched enterprise offering.
The company announced a $10 million Series B raise last year.
The startup said it will use the Series A funds to continue developing its software.
CEO and cofounder Robby Knight discusses why supplemental benefits for food, transportation and over-the-counter medications can be difficult for members to access.
The startup builds machine learning tools that aim to understand speech, feelings and nonverbal cues like sighs, laughs and gasps.
The startup plans to use the seed funding to continue developing its platform and partner with more opioid treatment programs.